JSR reports rise in profits

7:56 AM MST | January 28, 2013 | Deepti Ramesh

JSR (Tokyo) recorded an 11.8% rise in net profits for the fiscal first 9 months ended 31 December 2012, compared with the year-ago period, to ¥21.17 billion ($233 million). Sales increased 6.2%, to ¥275.3 billion. For the full fiscal-year, ending 31 March 2013, JSR expects to report net profits of ¥28 billion and sales of ¥378 billion, an increase of 6% and 8% respectively, compared with the previous fiscal...